THE LIBERALIZATION PROCESS OF THE RAILWAY SECTOR IN ROMANIA AND SOME INFRINGEMENT CASE STUDIES
Mihail Busu (mihail.busu@man.ase.ro) and
Cristian Busu
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2015, vol. 9, issue 1, 532-540
Abstract:
Transport represents an important sector of the economy. Although the railway sector has historically been an important component of the transport industry in the EU, it was noted in the past three decades, its market share constantly declining in comparison with other modes of transport both for freight and passenger transport. Moreover, the railway sector has transformed from a monopolistic sector to oligopoly and competitive markets. This research paper makes an overview of the Romanian railway sector, analyzing the impact of the liberalization process. The four case studies presented in the paper reveal infringements of the selected countries for non-complying with the EU railway directives.
Keywords: railway sector; liberalization process; infringement; directive; legislation. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:9:y:2015:i:1:p:532-540
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